KTB Q1 2023 Earnings — Kontoor Brands, Inc. Revenue & Financial Results | Market Cap Arena

KTBKontoor Brands, Inc.

$4B

Q1 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$667M-1.9% YoY

Gross Profit

$287M43.0% margin

Operating Income

$95M14.2% margin

Net Income

$66M9.9% margin

EPS (Diluted)

$1.16

QoQ Revenue Growth

-8.8%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$19M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.3B

Stockholders' Equity

$299M

Cash & Equivalents

$53M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$667M	$680M	-1.9%
Gross Profit	$287M	$305M	-5.9%
Operating Income	$95M	$108M	-12.3%
Net Income	$66M	$81M	-18.0%

Geographic Segments

UNITED STATES

$518M78%

Non-US

$149M22%